Newsweek- $20 Minimum Wage Backfires as Restaurants See Orders Plummet
DoorDash said the company experienced 300,000 fewer orders within Seattle in the past three months, likely related to the city’s minimum wage guidelines and how they impacted consumer prices.
Can we boycott the government at all levels?
Since the true minimum wage is $0.00 these buffoons are learning Econ 101 the hard way.
Too bad but, they voted for it.
You get 0 work for $0.
Most of the planet has it set such that you can feed one man for one day for 1 hour of manual labor.
Seattle Council will double down rather than admit it has no clue.
They should read a little Thomas Sowell.
Yes, the minimum is always the bottom.
All the people who were supposed to be in Economics 101 are in Protesting 020.
the fact remains, inflation included, there are certain tasks that simply CANNOT add value to the tune of 20 bucks over the time the delivery takes.
similarly the very menial stuff. like repackaging things. minimum wage should be an incentive to go big or go home.
Heard this on TV a while ago.
“Every job solves a problem, if you want a bigger wage, solve a bigger problem.”
And whatever you do, don’t make the job become the problem. If that happens, someone will solve it.
If the job becomes the problem, you work for the government, then it self feeds, and multiplies uncontrollably.
Government rule #1
“when you see light at the end of the tunnel….order more tunnel”
Government rule #2
government always eats first
Its an issue in California as well (Not at Panera, however.)
A longer term solution to high labor costs becomes automation.
Automated Fry makers and Burger flippers and Drone flyers, oh my!
Never tardy, never steal, never complain, oh yeah.
Unintended consequences?
Nobody can say “unanticipated” consequences .. as anyone with half a brain knew this would be the result of artificially fiddling with the marketplace.
Has anyone in government ever taken Econ 101? This is so ridiculously fundamental.
Paying someone $20 an hour to deliver something they didn’t even create is absurd. It’s not like they’re shipping meals across the state.
Back in the late 70s I was a bar waiter in Quebec getting $2 an hour. Working from 9pm to 3am. By shift end my tips would work out to me making about $6 bucks an hour often even more. Way, way more than the minimum wage at the time.
In the mid 70’s, I took a gas station job for gasoline money, and was paid the princely sum of $1.75/hr. I recall minimum wage being $2.10/hr. or thereabouts. But my cheapskate boss didn’t allow me more than 30 hours/week … so he didn’t have to pay minimum wage.
Boo hoo… I moved on as anyone should have by age 18
$3 an hour in 1977 = …wait for it…about $15.00 now.
“$3 an hour in 1977 = …wait for it…about $15.00 now.”
$1.50 an hour in 1973 (pumping gas). Thought I was rich…cigarettes were .45 cents a pack (from a machine), and we were was outraged when they went to .50 cents…
my first job . 1971 . $1.35 per hour in Calgary at a private courier. I switched to Canada Post at 2.24 per hour that summer , 8 cents short of 20$ a day .
unloading trains of mailbags.